Vocabulary: Counter Offer

Counter Offer.png
Counter Offer.png

Vocabulary: Counter Offer

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๐Ÿค Real Estate Vocabulary: Counter Offer ๐Ÿก

A counter offer happens when a seller responds to a buyerโ€™s offer with new or adjusted terms. This means the original offer is not accepted, but negotiations are still in play! ๐Ÿ”„

๐Ÿ“Œ Common Reasons for Counter Offers:
โœ” Price Adjustment โ€“ Seller wants a higher price. ๐Ÿ’ฐ
โœ” Closing Date Change โ€“ Seller needs more (or less) time. โณ
โœ” Earnest Money Increase โ€“ To show a stronger commitment. ๐Ÿ”
โœ” Exclusions/Inclusions โ€“ Items like appliances or fixtures. ๐Ÿ 

Negotiating a home sale? Let's craft the right strategy! ๐Ÿ“ฉ

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